Helix Energy Solutions Awarded Multi-Year P&A Contract in the North Sea
Helix Energy Solutions Group, Inc. (HLX)
Last helix energy solutions group, inc. earnings: 4/22 06:15 pm
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (“Helix”) (NYSE: HLX) has secured a multi-year contract with a major operator for riserless plug and abandonment (P&A) operations on up to 34 subsea wells in the UK North Sea. The awarded scope of work is scheduled to commence in 2026 and includes the flushing and disconnection of pipelines and well P&A.Helix expects to utilize Helix-owned assets including either the Well Enhancer or the Seawell, purpose-built light well intervention vessels with saturation diving capabilities, a subsea intervention lubricator, and remotely operated vehicles. Helix will also be providing project management and engineering services in support of delivering a fully integrated solution to the operator.Scotty Sparks, Helix’s Executive Vice President and Chief Operating Officer, commented, “This new multi-year and multi-well award demonstrates Helix’s position as a leading decommissioning provider in the North Sea and globally. By leveraging
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News
- Helix Energy Solutions Awarded Multi-Year P&A Contract in the North Sea [Yahoo! Finance]Yahoo! Finance
- Helix Energy Solutions Announces CEO Succession Plan [Yahoo! Finance]Yahoo! Finance
- Helix Energy Solutions Announces CEO Succession PlanBusiness Wire
- Helix to Participate in Upcoming EventsBusiness Wire
- Helix Energy Solutions Group (NYSE:HLX) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
HLX
Earnings
- 10/22/25 - In-Line
HLX
Sec Filings
- 12/18/25 - Form 8-K
- 12/12/25 - Form 4
- 12/12/25 - Form 4
- HLX's page on the SEC website